WPI inflation may decline to 6.4% in FY14: Shubhada Rao

The expectation of a stable outlook was warranted, perhaps as this has been work-in-progress since September 2012, says Shubhada Rao, president chief economist, Yes Bank, reacting to Standard Poors affirmation its triple B minus long-term and A-3 short-term ...

Source: IRIS (23-APR-13) Comments | Post Comment C Rangarajan, chairman, Economic Advisory Council to the Prime Minister (PMEAC) expects Indian economy to grow at 6.4% in financial year 2014. Industry seen growing at 4.9% in FY14 and the service ...

The Reserve Bank of India may cut the benchmark short-term lending rate by about 0.25 per cent in its annual monetary policy next month in the backdrop of declining inflation and the urgency to promote growth. "Right now, the conditions should ...

May 2 (Bloomberg) -- The Reserve Bank of India said the space for monetary policy to support economic growth remains constrained by elevated consumer-price inflation and a record current-account deficit. Significant macro-financial risks prevail ...

March WPI inflation at 5.96% YoY is the lowest recorded inflation since November 2009. While, core inflation softened for the seventh consecutive month, easing to a 36 month low of 3.41% YoY compared to 3.77% in February. ''While March inflation was supported ...

India's external debt as on December 2012 stood at USD 376.3 billion, registering an increase of USD 30.8 billion from March 2012- equivalent to an increase of 8.9%. NRI deposits and commercial borrowings accounted for nearly 56% of the total ...

A man makes a phone call while standing near a Reserve Bank … World+Economy MUMBAI (Reuters) - The Reserve Bank of India (RBI) central bank cut its policy interest rate by 25 basis points on Friday for the third time since January, as expected, as ...

India's industrial output in March expanded at the fastest pace in five months after the central bank eased interest rates to revive economic growth. Production (INPIINDY) at factories, utilities and mines climbed 2.5 percent from a year earlier ...

1:20pm BST (Adds comments) By Tony Munroe and Suvashree Dey Choudhury MUMBAI, May 2 (Reuters) - The Reserve Bank of India on Thursday warned of "very limited" space for further easing of monetary policy this fiscal year, striking a hawkish tone a ...